Sicim
SICIM is an Italian EPC contractor founded in 1962, specializing in engineering, procurement, and construction of oil and gas pipelines, gas processing plants, compression stations, and LNG infrastructure for national and international energy companies across more than 20 countries.
- Company typePrivate
- Founded1962
- HeadquartersTizzano Val Parma, Italy
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Sicim does
SICIM S.p.A. is an Italian Engineering, Procurement, and Construction (EPC) contractor founded in 1962 by the Riccardi family and headquartered in Busseto, Province of Parma, Italy. The company specializes in large-scale energy infrastructure — primarily onshore and offshore oil and gas pipelines, gas processing and compression plants, water treatment and injection facilities, LNG-related infrastructure, and shore crossings — for national oil companies (NOCs), international oil companies (IOCs), and LNG developers. Its services span FEED engineering, detailed design, procurement, construction, pre-commissioning, commissioning, and start-up, alongside recurring maintenance, rehabilitation, and turnaround services on existing energy assets.
SICIM executes projects through a capital-intensive operating model anchored by a fully owned fleet of 200+ specialized construction machines (sidebooms/pipelayers, paywelders, excavators, bulldozers, boring machines) and a deployable workforce of 6,500+ employees across 40+ nationalities. The firm has laid 20,000 km of pipelines and installed 100,000 tonnes of plants across 20+ countries including Italy, Germany, France, Kazakhstan, Iraq, Saudi Arabia, Mexico, Argentina, Guyana, Mozambique, and the United States. Differentiating technical capabilities include trenchless construction methods (HDD, Direct Pipe, microtunneling, TBM) for environmentally sensitive or topographically difficult crossings, and an internal HSE program ("Future Inside") that has produced verifiable safety records including 6 million injury-free hours on the Aramco Master Gas Phase 3 project.
Revenue is generated almost entirely through enterprise B2B EPC contracts awarded by competitive tender or direct negotiation with energy majors; values are lumpy and multi-year, frequently ranging from $300M to $1.7B per project. SICIM typically operates as prime contractor or as consortium partner with other tier-one EPC firms (Nesma & Partners, Hyundai Engineering, Bonatti, GDI). The company holds ISO 9001 certification since 1994, ISO 50001, DVGW, and is an active member of IPLOCA, IATT, and the European Clean Hydrogen Alliance, signaling alignment with energy-transition opportunities alongside its core oil and gas franchise.
Sicim firmographics
Firmographics- Name
- Sicim
- Legal name
- SICIM S.p.A.
- Website
- https://sicim.eu
- Company type
- Private
- Founded year
- 1962
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- SICIM is an Italian EPC contractor founded in 1962, specializing in engineering, procurement, and construction of oil and gas pipelines, gas processing plants, compression stations, and LNG infrastructure for national and international energy companies across more than 20 countries.
- Ownership category
- akta.pro rank
Sicim industry classification
Industry- Product category
- Oil and Gas EPC Services
- NAICS
- Oil and Gas Pipeline and Related Structures Construction (23712), Utility System Construction (2371), Engineering Services (541330), Engineering Services (54133)
- SIC
- Oil & Gas Field Services, Nec (1389), Services-Engineering Services (8711), Electric, Gas & Sanitary Services (4900)
- akta.pro primary industry
- Construction Management & General Contracting (EPCM, Scheduling, QA/QC, HSE) (EUAMAFAJ)
- akta.pro secondary industries
- Commissioning, Testing & Energization Services (Pre-Commissioning, Grid Code Compliance) (EUAMAFAK), Overhead & Underground Collection System Construction (MV/HV Lines, Duct Banks) (EUAEADAG), Environmental & Permitting Compliance During Construction (Erosion Control, Wildlife Mitigation, Monitoring) (EUAMAFAM)
Keywords
Where Sicim is headquartered
LocationHeadquarters
- HQ city
- Tizzano Val Parma
- HQ country
- Italy
- HQ region
- Europe
Offices3 records
Markets served
Sicim business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D
Revenue model
- EPC Contracts: SICIM's primary revenue stream comes from large-scale Engineering, Procurement, and Construction contracts for pipelines and energy industry plants. Contracts are project-based, typically multi-year, with values often exceeding hundreds of millions of dollars. Revenue is recognized over the construction period. SICIM serves as either prime contractor or consortium partner.
- Maintenance and Turnaround Services: SICIM provides ongoing maintenance, rehabilitation, and turnaround services for existing energy infrastructure, generating recurring service revenue from established client relationships.
- FEED and Pre-Commissioning Services: SICIM provides Front-End Engineering and Design (FEED) services, pre-commissioning, commissioning, and start-up assistance as part of project delivery or as standalone engagements, including within LNG projects.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | Large-scale EPC project contracts |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Sicim product offering
Product offeringCore offering
SICIM is an Italian EPC (Engineering, Procurement, and Construction) contractor founded in 1962, providing end-to-end solutions for the energy industry. The company's core offerings cover pipeline construction (onshore and offshore), plant construction (gas processing, compression, dehydration, sweetening, water treatment and injection facilities), and energy transition infrastructure including LNG projects. Services span FEED engineering, detailed design, procurement, construction, pre-commissioning, commissioning, and start-up assistance, delivered through a fully owned fleet of heavy equipment and a multicultural workforce of 6,500+ employees across 20+ countries.
Product overview
SICIM is an Italian EPC (Engineering, Procurement, and Construction) company founded in 1962, providing comprehensive solutions for the energy industry. The company operates a platform-based service model offering three core service lines: Pipeline Construction Services, Plant Construction Services, and Energy Transition Services. These are supported by Project Management Services, Maintenance and Rehabilitation Services, Infrastructure Services, and FEED Engineering Services. SICIM has laid over 20,000 km of pipelines and installed 100,000 tonnes of plants worldwide. The company mobilizes its owned fleet of specialized equipment including pipe-layers, paywelders, excavators, bulldozers, and boring machines, supported by over 6,500 employees of more than 40 different nationalities.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Laid 20,000 km of pipelines and installed 100,000 tonnes of plants worldwide
- +4 more outcomes
Companies that use Sicim
Customer profileNamed customers11 records
Segments3 records
Ideal customer profiles3 records
Sicim technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Sicim partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Hyundai EngineeringcoreSICIM participates as a local consortium partner alongside Hyundai Engineering on the Karachaganak Processing Complex gas processing plant project in Kazakhstan, commissioned by JSC NC QazaqGaz. Hyundai Engineering serves as the lead EPC contractor, with SICIM providing local execution capabilities and construction expertise.
- BonatticoreSICIM (through its subsidiary GDI Sicim Pipelines joint venture) and Bonatti have signed an EPC contract with México Pacific for the Sierra Madre Pipeline project — over 800 km of pipeline from the US/Mexico border to Puerto Libertad, Sonora, to supply gas to the Saguaro Energía LNG plant.
- Nesma & PartnerscoreSICIM works in partnership with Nesma & Partners to execute packages 10 and 14 of the Saudi Aramco Master Gas System Expansion Phase III project. The partnership combines SICIM's pipeline construction expertise with Nesma & Partners' regional presence in Saudi Arabia to deliver 522 km of large-diameter pipelines.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
Sicim competitors and assessment
Company assessmentBroad incumbents
- Saipem: Major Italian-headquartered global EPC contractor in oil & gas, pipelines, and energy. Larger, listed competitor offering overlapping pipeline and plant construction services across the same geographies (Middle East, North Africa, Latin America) as SICIM.
- McDermott International: US-based EPC firm with strong pipeline and offshore capabilities. Competes for onshore pipeline and gas processing projects in MENA, Latin America, and CIS, overlapping with SICIM's customer base.
- AtkinsRéalis (SNC-Lavalin): Canadian-headquartered engineering and EPC firm with pipeline and energy infrastructure practices serving similar NOC/IOC clients. Broader portfolio includes nuclear, infrastructure, and consulting, but its pipeline and plant EPC unit is directly comparable.
- Larsen & Toubro (L&T) Energy Hydrocarbons: Indian conglomerate with a large hydrocarbons EPC arm executing onshore pipelines, gas processing plants, and offshore platforms. Larger scale, listed, and competes for many of the same mega-project tenders in MENA and CIS.
Direct peers
- Petrofac: UK-listed EPC and operations services company serving IOCs/NOCs across pipeline, plant, and energy infrastructure. Direct comparable in EPC project execution for the same tier of oil and gas customers in MENA, CIS, and Latin America.
- Consolidated Contractors Company (CCC): Middle East-headquartered EPC contractor executing oil & gas pipelines, plants, and infrastructure. Comparable in scale and in delivering large NOC contracts in MENA and North Africa, including consortium arrangements.
- Técnicas Reunidas: Spanish EPC contractor focused on oil & gas, refining, and energy transition projects. Comparable scale and customer base, with similar pipeline/plant EPC delivery model for NOCs and IOCs globally.
- Bonatti: Italian EPC contractor specializing in pipelines and energy infrastructure. Joint partner with SICIM on the Sierra Madre Pipeline for México Pacific, directly competing in the same product category and customer segment.
- ENKA İnşaat: Turkish EPC contractor with major pipeline and energy infrastructure operations, including significant work for NOCs in Kazakhstan and Iraq. Direct competitor for SICIM in CIS and Middle East tenders.
- Nesma & Partners: Saudi EPC contractor that is a current consortium partner with SICIM on the Aramco MGS Phase III project. Comparable regional EPC capability and direct competitor on Saudi pipeline tenders.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Sicim social profiles
Digital presenceSicim compliance and trust
Trust signalCompliance9 records
Sicim financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sicim leadership team
Management profileNumber of profiles
Profiles1 record
Sicim subsidiaries and ownership
Company hierarchySubsidiaries1 record
Sicim funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sicim M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sicim
What does Sicim do?
SICIM is an Italian EPC (Engineering, Procurement, and Construction) contractor founded in 1962, providing end-to-end solutions for the energy industry. The company's core offerings cover pipeline construction (onshore and offshore), plant construction (gas processing, compression, dehydration, sweetening, water treatment and injection facilities), and energy transition infrastructure including LNG projects. Services span FEED engineering, detailed design, procurement, construction, pre-commissioning, commissioning, and start-up assistance, delivered through a fully owned fleet of heavy equipment and a multicultural workforce of 6,500+ employees across 20+ countries.
Is Sicim a public or private company?
Sicim is a private company. It is classified as family owned and is currently operating.
When was Sicim founded?
Sicim was founded in 1962. It employs 1,001 to 5,000 people.
Where is Sicim based?
Sicim is headquartered in Tizzano Val Parma, Italy, in the Europe region.
How does Sicim make money?
Three revenue lines are on record. EPC Contracts are the primary driver. The others are maintenance and Turnaround Services and FEED and Pre-Commissioning Services.
Who are Sicim's main competitors?
Broad incumbents on record are Saipem, McDermott International, AtkinsRéalis (SNC-Lavalin) and Larsen & Toubro (L&T) Energy Hydrocarbons. Direct peers are Petrofac, Consolidated Contractors Company (CCC), Técnicas Reunidas, Bonatti, ENKA İnşaat and Nesma & Partners.
Does Sicim have an API?
No public API is recorded for Sicim.
What industry is Sicim in?
Sicim's product category is Oil and Gas EPC Services. Its primary akta.pro industry code is EUAMAFAJ, Construction Management & General Contracting (EPCM, Scheduling, QA/QC, HSE), with a secondary code of EUAMAFAK, Commissioning, Testing & Energization Services (Pre-Commissioning, Grid Code Compliance). Its NAICS code is 23712 and its SIC code is 1389.